2010 | 2011 | 2012 | 2013 | 2014 | 2015 | |
Economic growth (%) | ||||||
US GDP | 2.9 | 2.7 | 2.5 | 2.6 | 2.6 | 2.7 |
OECD GDP | 2.9 | 2.5 | 2.3 | 2.3 | 2.4 | 2.2 |
World GDP | 3.8 | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 |
World trade | 13.6 | 7.7 | 6.2 | 6.2 | 6.3 | 6.5 |
Inflation indicators (% unless otherwise indicated) | ||||||
US CPI | 1.6 | 2.4 | 2.1 | 2.5 | 2.8 | 2.8 |
OECD CPI | 1.4 | 2.3 | 1.9 | 2.0 | 2.1 | 2.3 |
Manufactures (measured in US$) | 3.4 | 5.5 | -0.6 | 0.0 | 1.5 | 2.3 |
Oil (Brent; US$/b) | 79.6 | 108.5 | 94.5 | 90.0 | 85.0 | 83.0 |
Non-oil commodities (measured in US$) | 24.3 | 29.7 | -11.2 | -6.4 | -3.7 | -0.2 |
Financial variables | ||||||
US$ 3-month commercial paper rate (av; %) | 0.3 | 0.3 | 0.7 | 1.5 | 2.7 | 2.8 |
¥ 3-month money market rate (av; %) | 0.2 | 0.3 | 0.6 | 1.4 | 2.0 | 2.3 |
Exchange rate: ¥:US$ (av) | 87.9 | 82.3 | 81.0 | 81.0 | 82.1 | 83.5 |
Exchange rate: Rp:US$ (av) | 9,090 | 8,612 | 8,610 | 8,688 | 8,783 | 8,860 |
Exchange rate: US$:€ (av) | 1.33 | 1.37 | 1.26 | 1.20 | 1.23 | 1.28 |
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